205 Lakeway DR, Lakeway TX 78734

After reviewing 7 recent transactions in 78734, I estimate this property's value at $323,755. A competitive list price for this home right now would fall in the $355,000 to $368,000 range. This home's position in the current 78734 market: the most affordable of 4 comparable homes on the market among comparable properties. At 30 years older than typical comps, the 1968 build date influences the valuation. The smaller lot (0.24 acres versus the area average of 0.30) contributes to the valuation. The active market in 78734 includes 4 comparable homes priced from $319,000 to $400,000. Prices in 78734 have risen 6.7% over the last 6 months. A similar home at 2108 Indian Creek RD, Austin TX 78734 carries an adjusted comparable value of $347,936, providing a strong data point. The comp data here (7 sales in 78734) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus